Harmonized System Codes • Schedule B • Harmonized Commodity Description

HS Code 91040040: Instrument Panel Clocks for Vehicles, Air/Spacecraft, and Vessels

When it comes to keeping track of time while on the move, instrument panel clocks play a crucial role in vehicles, air/spacecraft, and vessels. These clocks, with a clock movement over 50 mm wide, are valued at over $10 each and are non-electric. In this article, we will explore the details of HS Code 91040040 and provide information about its classification, duty rates, quantity units, and special tariff preference programs.

Classification of HS Code 91040040

HS Code 91040040 is specifically assigned to instrument panel clocks for vehicles, air/spacecraft, and vessels. These clocks are designed to be mounted on the instrument panel, providing easy visibility and access to the passengers or operators. The HS code ensures that these clocks are correctly identified and categorized for trade and customs purposes.

Duty Rates for HS Code 91040040

The bound or most-favored-nation (MFN) duty rate for instrument panel clocks under HS Code 91040040 is 30 cents each. Additionally, there is a 4.3% duty rate whenever a country lowers a trade barrier or opens up a market. This provision ensures that any changes in trade policies or market access are applied uniformly to the same goods or services from all trading partners.

Quantity Unit for HS Code 91040040

The quantity unit for HS Code 91040040 is a number (NO). This unit signifies that the quantity of these instrument panel clocks is measured in numbers or pieces. It provides a standardized unit of measurement for importers and exporters to accurately report the quantity of goods being traded.

Special Tariff Preference Programs for HS Code 91040040

Under various special tariff preference programs, instrument panel clocks classified under HS Code 91040040 may qualify for duty-free treatment or preferential rates. The following programs offer special rates for importing countries:

• Free: Only imports from least-developed beneficiary developing countries eligible for Generalized System of Preferences (GSP) under that subheading receive duty-free treatment.
• Australia Special Rate: Automotive Products Trade Act (APTA) provides duty-free treatment for imports from Australia.
• Bahrain Special Rate: Imports from Bahrain receive duty-free treatment.
• Agreement on Trade in Civil Aircraft: Instrument panel clocks imported under this agreement receive duty-free treatment.
• NAFTA for Canada: Imports from Canada receive duty-free treatment under the North American Free Trade Agreement (NAFTA).
• Chile Special Rate: Imports from Chile receive duty-free treatment.
• Africa Growth and Opportunity Act (AGOA): Imports from eligible African countries receive duty-free treatment.
• Caribbean Basin Initiative (CBI): Imports from eligible Caribbean countries receive duty-free treatment.
• Israel Special Rate: Imports from Israel receive duty-free treatment.
• Andean Trade Preference Act (ATPA): Imports from eligible Andean countries receive duty-free treatment.
• Jordan Special Rate: Imports from Jordan receive duty-free treatment.
• Morocco Special Rate: Imports from Morocco receive duty-free treatment.
• NAFTA for Mexico: Imports from Mexico receive duty-free treatment under NAFTA.
• Oman Special Rate: Imports from Oman receive duty-free treatment.
• Dominican Republic-Central American Special Rate (DR-CAFTA): Imports from eligible countries under DR-CAFTA receive duty-free treatment.
• Peru Special Rate: Imports from Peru receive duty-free treatment.
• Singapore Special Rate: Imports from Singapore receive duty-free treatment.

Importing and Exporting US States

HS Code 91040040 applies to instrument panel clocks being imported into and exported from the United States. The specific states involved in importing and exporting these clocks may vary depending on trade relationships and market demand. However, it is important to note that the HS code applies to all states within the United States.

HS Code 91040040 is dedicated to instrument panel clocks for vehicles, air/spacecraft, and vessels. It provides a standardized classification for these clocks, specifies duty rates, quantity units, and highlights special tariff preference programs that may offer duty-free treatment or preferential rates. Understanding the details of HS Code 91040040 is essential for importers, exporters, and customs officials involved in the trade of instrument panel clocks.